Telge Projects IPO Details
Telge Projects IPO Summary
Telge Projects IPO opens for subscription on 25 Sep 2025 and closes on 29 Sep 2025.The IPO will be listed on BSE with the tentative listing date set for 03 Oct 2025.
Telge Projects IPO price band has been fixed at ₹95 – ₹105 per share. The face value is ₹10 per share with a lot size of 1200.
Telge Projects IPO total issue size comprises 25,94,400 shares (aggregating up to ₹27.24 Cr). This includes a fresh issue of 25,94,400 shares (aggregating up to ₹27.24 Cr). Pre-issue shareholding stands at 71,95,748, which will increase to 97,90,148 post-issue.
Telge Projects IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Telge Projects IPO Lot Size :Individual Minimum is 2 lots (2,400 shares) amounting to ₹252,000. Individual Maximum is 2 lots (2,400 shares) amounting to ₹252,000. SHNI Minimum is 3 lots (3,600 shares) amounting to ₹378,000. SHNI Maximum is 7 lots (8,400 shares) amounting to ₹882,000. BHNI Minimum is 8 lots (9,600 shares) amounting to ₹1,008,000.
The Lead Managers for Telge Projects IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Smart Horizon Capital Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Shreni Shares. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Telge Projects Limited RHP.
Telge Projects IPO Details
Telge Projects IPO Subscription
Telge Projects IPO Application Wise Breakup
Telge Projects IPO Dates
- 25 Sep 2025Opening dateOpen
- 29 Sep 2025Closing dateClose
- 30 Sep 2025Allotment Date Allotment
- 01 Oct 2025Initiation of RefundsRefund
- 01 Oct 2025Credit of SharesCredit
- 03 Oct 2025Listing dateListing
Telge Projects IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 2400 | ₹252,000 |
| Individual Maximum | 2 | 2400 | ₹252,000 |
| SHNI Minimum | 3 | 3600 | ₹378,000 |
| SHNI Maximum | 7 | 8400 | ₹882,000 |
| BHNI Minimum | 8 | 9600 | ₹1,008,000 |
Telge Projects IPO Reservation
Promoter Holding
Documents
Telge Projects IPO Valuations
Telge Projects Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Assets | 25.56 | 10.37 |
| Total Income | 25.65 | 12.50 |
| Profit After Tax | 5.38 | 2.66 |
| EBITDA | 8.27 | 3.81 |
| Net Worth | 11.34 | 4.66 |
| Reserves and Surplus | 10.31 | 3.66 |
| Total Borrowing | 9.38 | 2.76 |
| Amount in ₹ Crore | ||
About Telge Projects IPO
Telge Projects provides a comprehensive range of engineering design services including Building Information Modeling (BIM), structural engineering design, material take-offs (MTO), 2D drafting, and architectural design. Our services are tailored to ensure efficient and seamless project execution using modern, technology-driven methodologies.
The company primarily serve EPC (Engineering, Procurement, and Construction) firms, fabricators, and contractors by offering accurate, cost-effective, and timely engineering design services. We are ISO 9001:2015 certified and are committed to 3D modeling and detailing of precast and steel structures for the civil and construction industries.
It executes two contract types - 1. fixed price contracts and 2. Time and material (T&M) contracts.Its customer base includes commercial, industrial, infrastructure, institutional and residential sectors in both domestic and international market.
The company has executed projects across 11 countries, including Australia, Canada, Ireland, Latvia, Malaysia, New Zealand, Poland, Singapore, Sweden, UK (United Kingdom) and USA (United States of America). It also acquired a subsidiary, Telge Projects Inc. in USA.
As of March 31, 2025, the company has 81 ongoing projects worth the aggregate total order book of ₹442.01 lakhs.
Strength Of Telge Projects IPO
1. Deep domain expertise with software capabilities.
2. Long Standing Relationships with customers globally.
3. Leveraging the experience of our Promoter and Senior Managerial Personnel.
4. Established market setup and diversified service range.
5. Global Presence across various countries.
6. In-House Execution with Two-Shift Model.
7. Strategic Acquisitions.
Risk Of Telge Projects IPO
1. We have generated more than 50% revenues from our top 10 customers in the each of the immediately 3 preceding Fiscals, and the loss of such customers or a reduction in our revenue from such customers will have a material adverse impact on our business.
2. Our source of revenue is concentrated to export markets in certain geographical locations and our inability to operate and grow our business in such countries may have an adverse effect on our business, financial condition, result of operation, cash flow and future business prospects.
3. Our Company is heavily depending on Tekla Structures software. In case of reliance, any corruption, loss, or inaccessibility could have a material adverse impact on our business, results of operations, financial condition and cash flows.
4. There are certain discrepancies and non-compliances noticed in some of our financial reporting and/or records relating to filing of returns and deposit of statutory dues with the taxation and other statutory authorities which may affect our revenue from operations.
5. There are certain discrepancies/errors/delay filings noticed in some of our corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013. Any penalty or action taken by any regulatory authorities in future, for non-compliance with provisions of corporate or any other law could impact the financial position of the Company to that extent.
6. We currently derive our revenue predominantly from the (Building Information Modeling) BIM Services. If the same is not well received by the market, our business and future prospects could be adversely impacted.
7. We are subject to project execution risks where delays arising from design changes, unanticipated site conditions, or client-related factors such as late approvals or frequent scope modifications can disrupt project timelines, increase operational costs and significantly impact our profitability, client satisfaction.
8. We are dependent on our empanelled vendors for various software through which we provide services to our clients. The failure of our empanelled vendors to deliver this software in the necessary quantities, on time or to meet specified quality standards or technical specifications, could adversely affect our business and our ability to deliver orders on time.
9. Our Company relies on third-party software for design, modeling, and engineering execution. Any flaw or malfunction in such software may result in project delays, client dissatisfaction, reputational harm, or legal liability, which could adversely impact our operations and financial condition.
10. If we cannot attract and retain highly-skilled engineers, our ability to obtain, manage and operate new projects and to continue to expand existing projects may result in loss of revenue and an inability to expand our business.
Objectives Telge Projects IPO
1. Funding of Capital expenditure towards purchase of additional office premises at Pune, Maharashtra;
2. Funding of capital expenditure requirements towards Purchase of computers, laptops, other related accessories and Purchase of software subscriptions;
3. Hiring of Manpower in our Company
4. Investment in subsidiary for hiring Manpower in Telge Projects Inc
5. General Corporate Purpose
Company Contact Details
Telge Projects Ltd.
Unit No. 502A, 5th floor, Om Chambers,
Plot No. T-29, 30, 31, T Block, Bhosari I.E.,
Pune, Maharashtra
Pune, Maharashtra, 411026
Phone: +91 7757950799
Email: compliance@telgeprojects.com
Website: https://telgeprojects.com/
Registrar Contact Details
Telge Projects FAQs
The Telge Projects IPO is a SME public issue comprising 2594400 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹27.24 Cr. The issue price has been fixed at ₹105 per equity share, and the minimum application size is 1200 shares.
The IPO opens for subscription on 25 Sep 2025, and closes on 29 Sep 2025.
Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹0 (0%).
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